Energy prices have exhibited significant volatility in recent years. For example, natural gas pricesranged from $4 to $15 per MM BTU's in calendar years 2005 through 2011. Future prices are uncertainbut are likely to retain a high level of volatility. This volatility complicates analysis of...

This paper reviews and demonstrates methods available for estimating standard deviations for carbon multipliers in a multi-regional input-output (MRIO) framework. We attempt to capture all possible variations of underlying data and calculation procedures in a global MRIO model constructed with...

Most bioeconomic models of efficient renewable resource management are constructed for a single harvesting ground. A bioeconomic model is developed in this paper to study the optimal management of renewable resources that are found in spatially distinct harvesting grounds. The model is applied...